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March 14, 2025
Question

K1 form line and line 10

  • March 14, 2025
  • 1 reply
  • 0 views

Received K1 as beneficiary on my sisters estate trust. Posive dollar amount on line 5 and negative amount on line 10 with letter H next to it.

i’m confused.

any help?

    1 reply

    March 14, 2025

    are you sure it's line 10 and negative? line 10 is for Estate Tax Deduction never a negative and no code. perhaps the k-1 is incorrect. You going to have to contact the trustee for clarification 

    MJ205Author
    March 14, 2025

    Ok

    Thank you.

    wierd that line 5 dollar amount and line 10 dollar amount the same only negative on line 10 with H next to it